“Infill drilling from our underground programme has confirmed high-grade mineralisation within the existing resource envelope. We are now stepping out of that envelope to test the extensions of those high-grade veins.

“Over our seven years of exploration at Curraghinalt, we have been successful in expanding the mineral resource more than seven-fold.”

Anderson further added that results from test mining and processing of Curraghinalt mineralised material have demonstrated that the deposit responds effectively to mechanised mining methods.

In addition, ounces recovered in mining are said to be higher than predicted by the resource model and recoveries of more than 94% can be attained.

To date, work in and around Curraghinalt has involved more than 130,000m of drilling, underground channel sampling, interpretation of soil geochemistry grids, sampling of historic core, metallurgical testing, underground development, and exploration and permitting.